Revenue segments as reported by the company.

Net interest income

Noninterest income

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Provision for credit losses

Noninterest expense

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Bank of America

Merrill Lynch Wealth Management is a wealth management division of Bank of America. The firm is headquartered in New York City, and occupies the entire 34 stories of 250 Vesey Street, part of the Brookfield Place complex, in Manhattan. Merrill Lynch employs over 15,000 financial advisors and manages $2.2 trillion in client assets.

Merrill Lynch

U.S. Trust is a private bank serving the needs of high net worth and ultra high net worth individuals and families by providing investment management, financial and succession planning, philanthropic and specialty asset management, family office services, custom credit solutions, financial administration and family trust stewardship.

U.S. Tust

Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management (GWIM), Global Banking, Global Markets, and All Other. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses. The GWIM segment offers solutions to meet clients’ needs through a full set of investment management, brokerage, banking, and retirement products. The Global Banking segment deals with lending-related products and services, integrated working capital management and treasury solutions to clients, and underwriting and advisory services. The Global Markets segment includes sales and trading services, as well as research, to institutional clients across fixed-income, credit, currency, commodity, and equity businesses. The All Other segment consists of asset and liability management activities, equity investments, non-core mortgage loans and servicing activities, the net impact of periodic revisions to the mortgage servicing rights (MSR) valuation model for both core and non-core MSRs, other liquidating businesses, residual expense allocations and other. The company was founded by Amadeo Peter Giannini in 1904 and is headquartered in Charlotte, NC.

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Bank of America posts robust Q4 earnings amidst growth opportunities

Bank of America's Q4 2022 performance reflects strength in earnings, asset quality, and revenue growth, supported by a focus on cost control and operational efficiency.
While facing challenges related to interest rates and regulatory changes, the bank is well-positioned to capitalize on opportunities in consumer and wealth management businesses.
Strategic initiatives to balance earnings, capital, and liquidity, alongside a commitment to prudent risk management, position Bank of America for sustainable growth and value creation.

Bank of America posts strong Q1 results, eyes growth opportunities

Bank of America delivered a robust Q1 performance with notable revenue and EPS growth, underpinned by strong asset quality and capital strength.
While facing challenges in managing expenses and deposit trends, the bank's focus on digital adoption and operational efficiency positions it for future growth.
Opportunities lie in optimizing net interest income, capitalizing on market disruptions, and leveraging AI for enhanced customer service and operational excellence.
Overall, Bank of America's strategic focus on growth, credit quality, and operational efficiency sets a solid foundation for sustained performance and shareholder value.

Bank of America posts record earnings, focuses on digital growth

Bank of America's strong financial performance, efficient expense management, and digital progress drove exceptional results.
While challenges like potential capital requirement increases exist, opportunities in technology and operational efficiency pave the way for future growth.
The bank's focus on stability, profitability, and organic growth positions it well for continued success in the market.
Overall, Bank of America's Q2 2023 earnings call reflects a solid foundation for sustained performance and innovation.

Bank of America posts strong Q3 earnings, eyes growth opportunities

Bank of America delivered a strong quarter with improved financials and segment performance, focusing on expense discipline and efficiency.
Despite challenges in operating leverage and potential Basel III impacts, the bank remains well-positioned with excess capital and strong customer engagement.
Opportunities lie in stabilizing deposit trends, capitalizing on Investment Banking growth, and aligning deposit strategies with loan growth.
Overall, Bank of America's performance reflects resilience and strategic positioning for future growth and profitability.

Bank of America posts solid Q4 results, eyes AI growth

Bank of America's Q4 2023 showcased strong performance in key segments, with a focus on expense discipline and credit quality metrics. The bank outlined strategies for future growth, emphasizing AI investments, capital allocation, and managing commercial credit performance effectively.

Bank of America reports strong Q1 earnings and eyes growth

Bank of America delivered strong Q1 2024 earnings, driven by robust performance across its business segments, including Investment Banking, Sales and Trading, and Global Markets.
The company's focus on operational excellence, digitization, and cost savings has resulted in improved efficiency and a strong balance sheet, with opportunities for further growth.
While challenges exist in expense management and asset balancing, Bank of America is well-prepared to navigate these hurdles and capitalize on opportunities for revenue and profitability.
Overall, Bank of America's strategic focus on customer relationships, expense control, and balance sheet strength positions it well for continued success and growth in the future.

Bank of America reports strong Q3 earnings and digital growth

Bank of America's Q3 2024 earnings call showcased robust financial performance, driven by revenue growth, net income, and strategic investments in key business areas.
The bank's emphasis on digital innovation, organic growth, and shareholder value creation underlines its competitive strengths and long-term sustainability.
While facing challenges such as anticipated rate cuts and regulatory complexities, Bank of America remains well-positioned to capitalize on growth opportunities and navigate industry dynamics effectively.
By focusing on responsible growth, operational efficiency, and customer-centric strategies, Bank of America continues to demonstrate resilience and strategic foresight in a dynamic market environment.

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Cost of revenue

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SG&A

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Operating income

EBITDA

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Earnings per share

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Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Ally Financial

JPMorgan Chase & Co

Synchrony Financial

Several consumer lending stocks have been bright spots in the financial sector with Ally Financial (ALLY) and Synchrony Financial (SYF) standing out in particular.

Time to Buy Ally or Synchrony Financial Stock for Higher Highs?

Citigroup

Goldman Sachs

Huntington Bancshares

Morgan Stanley

Wells Fargo

JPMorgan Chase & Co., Bank of America Corp., Wells Fargo & Co. and Citigroup Inc. kick off earnings this coming Friday as Wall Street's largest banks wrap up a tough year with their fourth-quarter results.

JPMorgan, Bank of America lead earnings parade of U.S. largest banks to cap off tough year

As four major banks kick off earnings season next week, we look at three undervalued stocks that stand to benefit.

Goldman Sachs and 2 Other Bank Stocks That Could Get an Earnings Boost

In the building sector, Acuity Brands and KB Home are also on the earnings calendar along with Dow Jones stock UnitedHealth Group.

4 Top Financial Stocks, Leading Homebuilder Headline Earnings Calendar

The banking industry is getting close to turning a corner, analysts believe, and the stock market, as usual, has acted in advance by sending bank stocks soaring.

These two bank stocks shine as the industry gets closer to turning a corner

CHARLOTTE, N.C. , Jan. 5, 2024 /PRNewswire/ -- As previously announced, Bank of America will report its fourth-quarter 2023 financial results on Friday, January 12.

Bank of America to Report Fourth-Quarter 2023 Financial Results on January 12

The Bank of America Corporation (NYSE:BAC) is trading at $33.80 ahead of the earnings release in a week. The price is at par with the same period last year, considering a 1-year loss of 0.29%.

Is Bank of America Corporation (BAC) overbought?

D.R. Horton

Buffett has a long track record of beating the market. Bank of America is his favorite bank stock and should benefit from the economic recovery expected this year.

2 Fantastic Warren Buffett Stocks for 2024

Affirm

Fiserv

MercadoLibre

Nu Holdings

PayPal

Visa

In the ever-shifting terrain of the financial sector, fintech stocks have emerged as both a turbulent and transformative force. These stocks, imperative in the digital overhauling of financial systems, continue to captivate investors.

Fintech Frontiers: 7 Innovative Stocks Reshaping Finance in 2024

A 35% rally since October meant that Bank of America NYSE: BAC shares finished the year on a high after what was, at best, turning into a mediocre year before that. Shares of the Wall Street titan have been on the back foot since they peaked in February of 2022, and indeed, it was only this past October that the bears ran out of steam after a 50% slide.

Analysts expect Bank of America stock to rally 55%

Chevron

Johnson & Johnson

Coca-Cola

McDonald's

Monster Beverage

Southern Company

Sponsored: Find a Qualified Financial Advisor Finding a qualified financial advisor doesn't have to be hard.

6 Unstoppable Dividend Stocks To Buy If There Is a Market Crash

Apple

American Express

Occidental Petroleum

Warren Buffett's biggest holdings include two big winners in 2023 plus several laggards. The list also includes the two stocks that have been in Berkshire Hathaway's portfolio the longest.

Nearly 80% of Warren Buffett's Portfolio Is Invested in These 6 Stocks as 2024 Begins

Comerica

Western Alliance Bancorporation

Fundstrat analyst Tom Lee, who correctly called last year's rally of the S&P 500 in the face of tremendous pessimism about U.S. equities, recently advised investors to overweight certain financial stocks. Specifically, Lee said on The Julia LaRoche Show that with interest rates are likely to fall meaningfully this year, and the most obvious beneficiaries will be banks.

3 Financial Stocks Set to Outperform the Market in 2024

Warren Buffett doesn't mind holding a concentrated portfolio.   Buffett continues to demonstrate an incredible level of conviction in a very small number of stocks.

Warren Buffett's Biggest Bets in 2024: 57.4% of Berkshire Hathaway's $367.5 Billion Stock Portfolio Is Held in Just 2 Stocks

AbbVie

Lowe's

AbbVie is a Dividend King that's poised to return to solid growth. Bank of America has a strong record of dividend increases.

3 Top Dividend Growth Stocks to Buy in 2024

Coca-Cola European Partners plc

CRH PLC

EOG Resources

NextEra Energy

SPDR S&P 500 ETF Trust

Truist Financial

Texas Instruments

Vanguard High Dividend Yield ETF

Essential Utilities

My Top 10 High Yield Dividend Stocks For January 2024

Southern is a top utility, boasting strong financials that investors can rely on for long-term stability. Coca-Cola is one of the safest dividend stocks to own, with a robust business and impressive margins.

3 High-Yielding Dividend Stocks to Buy and Hold for Years

Helmerich & Payne

Kraft Heinz

The best Warren Buffett dividend stocks are expected to produce impressive returns for the Berkshire Hathaway equity portfolio. Here are five with healthy yields.

The Best Warren Buffett Dividend Stocks

With 2023 about to conclude and the new year just around the corner, it is time to take a closer look at the most prominent figures in the stock market and how the stocks in the portfolio of one of the world's foremost stock investors, Warren Buffett, fared in 2023.

Revealed: Warren Buffett's stock portfolio performance in 2023

Alexandria Real Estate Equities

Crown Castle International

Deutsche Bank

UBS Group AG

Vanguard Real Estate ETF

REITs crashed due to rising interest rates. But they are now set to recover as interest rates are cut. The window of opportunity is closing. Now could be your last chance to buy REITs at these low prices.

Why REITs Will Likely Surge In 2024

B2Gold

Canaan Inc.

Carnival

Chewy

First Solar

General Motors

While inflation may have been the theme of 2022, disinflation could be the defining label for the outgoing year, thus warranting a closer examination of stocks to buy for lower interest rates. To be sure, you want to be careful about betting too heavily on the monetary policy pivot.

7 Stocks to Buy if the Fed Goes Through With Interest Rate Cuts

Bank of America (BAC) closed at $33.86 in the latest trading session, marking no change from the prior day.

Bank of America (BAC) Flat As Market Gains: What You Should Know

Bank of America (BAC) is likely to benefit from rate cuts in 2024. The company's efforts to expand into new markets will aid growth.

Bank of America (BAC) Lags Peers YTD: Will It Turnaround in 2024?

Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements.

JPMorgan, Bank of America And Other Financial Stocks From Wall Street's Most Accurate Analysts - Bank of America (NYSE:BAC), JPMorgan Chase (NYSE:JPM)

American Tower

REITs doubled after the 2020 crash. Valuations are today comparable, and some REITs could double again in the coming years. Here are two REITs that we are buying ahead of their recovery.

News for Bank of America Stock (BAC)